Nicky Hilton has gotten engaged to James Rothschild … An heir and an heiress … Sounds like a perfect power couple. Read on for the facts on the couple’s relationship, the proposal, and the future groom.

1. The Two Got Engaged Last Weekend

According to People, Hilton and Rothschild became engaged on a romantic boating outing last weekend. The two were on a little trip on Italy’s Lake Como, making for a very romantic setting. Hilton told People that they’re both very happy and that the two were in the middle of a European vacation to celebrate their anniversary.

2. Rothschild’s Family Is Worth Billions

One might think that with the Hilton family empire, any guy marrying into that family would be truly winning the jackpot, but Rothschild’s family has amassed an unfathomable fortune. According to Celebrity Net Worth, the Rothschild family has billions and billions of dollars, so it looks like Hilton may be marrying up. Rothschild’s father Sir Evelyn De Rothschild is a British financier with a net worth of $20 billion.

3. Nicky’s Sister Paris Has Sent Her Congratulations to the Couple

Upon hearing the news of her sister’s engagement, Paris posted the above photo of her sister with Rothschild on her Instagram with this caption:

Congratulations @NickyHilton on your engagement! I’m so happy for you! You will be the most beautiful bride! Such a lovely couple! Love you both so much!

Rothschild and Hilton first met at supermodel Petra Ecclestone and Jame Stunt’s wedding in Italy.

4. He Is a Banking Heir With His Own Career In Finance

Rothschild may come from a long line of successful financiers, but he has his own successful career in banking. According to Business Week: Mr.

James Rothschild serves as a Partner and Vice President at Monument Capital Group, LLC. Mr. Rothschild also serves as a Partner at Lepe Partners LLP. He served as an Analyst at Hargreave Hale Limited from 2005 to 2006. Prior to that, Mr. Rothschild also served as an Analyst at JNR UK Ltd. He began his career as an investment banking professional at N M Rothschild & Sons Limited.

5. This Will Be Hilton’s Second Marriage

This won’t be Hilton’s first walk down the aisle as she wed Todd Meister in Las Vegas in 2004. The marriage was annulled after just three months. This time around should be different. According to Us Weekly, Rothschild secretly flew from his London home to ask Hilton’s parents for her hand in marriage in Los Angeles. A source told Us Weekly:

He took her out on a boat into the middle of Lake Como and he proposed, got down on one knee and everything. It was incredibly romantic and beautiful.